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Newsletter 242 -06/03/2020
in December Rate reaches lowest level since February 2011 Greece’s seasonally adjusted (SA) unemployment rate came to 16.3 percent in December from 16.5 percent in November, Hellenic Statistical... to 16.2 percent. During December, employment decreased by 6,340 people compared to November. Year
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Unemployment at 16.4 pct in January
EconomyMacroeconomyDecember, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday. For the same time last... compared to December. Year-on-year, the figure for those employed increased by 45,907 or a rise... unemployed people in January versus December, a reduction of 0.1 percent. On an annual basis
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Newsletter 247 -10/04/2020
December Greece’s seasonally adjusted (SA) unemployment rate came to 16.4 percent in January, unchanged from December, Hellenic Statistical Authority’s (ELSTAT) data showed this week. For the same... people compared to December. Year-on-year, the figure for those employed increased by 45,907
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Athens angling for tougher EU stance on Turkey ahead of summit
PoliticsForeign PolicyCouncil on December 10-11 where EU-Turkey relations will be scrutinised against the background of ongoing... should begin immediately. This view was reiterated on December 1, when Foreign Ministry spokesman Hami... Council on December 10. They also expect Ankara to announce a specific date for these talks, which
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Banks end year with continued bad loan sales
EconomyBankingof December that the bank and Intrum had signed a binding agreement for the sale of 30 percent... as the arranger's legal advisors. The National Bank of Greece (NBG) also announced earlier in December... is seen running to December 2022 and will also offer 12 billion euros in guarantees. Meanwhile
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Primary cash balance deficit at 17.82 bln in 2020
EconomyMacroeconomydropped by 1.86 billion euros in December and came to 4.29 billion euros. For the full year.... Expenditure for December rose by 1.48 billion euros year-on-year to come to 8.01 billion euros... of 242 million last year. The aggregate PIB balance showed a deficit of 1.54 billion euros for December
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Newsletter 281 -22/01/2021
billion noted in December 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for December showed. The primary balance was above its target by 1.43 billion euros. Primary expenditure... a deficit of 4.56 million euros compared to a deficit of 768 million euros in December 2019. Net
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Budget primary confirmed at deficit of 18.20 bln in 2020
EconomyMacroeconomyfor December showed on Monday. The primary balance was above its target by 1.43 billion euros. Primary... target by 909 million euros. The monthly primary balance for December came to a deficit of 4.45 billion... billion euros in December 2019. Revenues On a monthly basis, net revenues came to 5.24 billion
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Credit growth in January rises to 3.7 pct even as flow turns negative
EconomyMacroeconomyof 3.5 percent in December, Bank of Greece (BoG) figures showed on Thursday. The annual rate... from 141.8 billion euros in December. The corporate lending balance's net monthly flow was negative with a 305 million-euro drop in lending, compared to an increase of 1.65 billion euros in December
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Newsletter 288 - 12/03/2021
. The CPI has remained consistently negative for the last 11 months, with December’s 2.3 percent... in December, Hellenic Statistical Authority (ELSTAT) data revealed. Month-on-month (MoM), the index dropped by 3 percent after an increase of 1.8 percent in December. The annual movement in the index was driven
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